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More Bailouts to Come for Euro Zone

Monday, 22 Nov 2010 | 2:00 AM ET

There is more trouble looming for the European Central Bank, Philippe Gijsels, head of global markets research at BNP Paribas Fortis and Cornelia Meyer, CEO & Chairman, MRL Corporation told CNBC Monday. They both agree that Ireland is the first of many problems, with bailouts coming in the near future for both Portugal and Spain.